Cylance receives $20 million in funding

Cylance is a security products and services company that has received $20 million in Series B funding. Investors in this round included Blackstone, Khosla Ventures and Fairhaven Capital.

Based in Irvine, California, Cylance plans on using the funding to accelerate their artificial intelligence platform and go-to-market strategy.

“Cylance protects the endpoint without constant updates or performance-laden layers of defense,” stated Glenn Chisholm, CTO of Cylance. “We attack the problem at its source execution and determine maliciousness without ever having to see the attack before, truly future-proofing the world¹s detection capabilities.”